The Acme Widget Company has found that if widgets are priced

Last updated: 5/27/2023

The Acme Widget Company has found that if widgets are priced at 232 then 24000 will be sold They have also found that for every increase of 11 there will be 900 fewer widgets sold The marginal cost of widgets is 92 8 The fixed costs for the Acme Widget Company are 36000 If a represents the price of a widget find the following in terms of x The number of widgets that will be sold The revenue generated by the sale of widgets The cost of producing just enough widgets to meet demand The profit from selling widgets Find the price that will maximize profits from the sale of